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Imports fell more than exports.
The greenback’s strength has made it tough for U.S. businesses to compete overseas.
The concern is the potential use of advanced technologies for military purposes.
As many central banks raise interest rates, the Bank of Japan is keeping them low to prop up the economy. That leads to a depreciated currency.
The deficit shrank 6% in June on record exports. Sending liquefied natural gas to Europe played a part in that.
Shipping costs, wait times and sourcing materials are still a big problem for business owners in South Carolina and Calif.
Restrictions on exports like fertilizer and steel have major economic ramifications for trading partners.
Global turmoil put a cap on U.S. exports, while the easing of supply chain snags allowed Americans to import more.
A new trade deal with the U.K. will erase Trump-era tariffs on steel and aluminum imported into the U.S., and motorcycles and whiskey exported to the U.K.
Small British exporters reflect on their first full year of doing business as non-EU members. How do they feel about Brexit now?